Exchange rate NOK - Norwegian krone

The Norwegian kroner (norw. Krone) is the official currency of Norway. The kroner has been present in this country since the days of the Scandinavian Monetary Union with Sweden and Denmark. 1 krone is divided into 100 øre.

Currency converter is currently unavailable. We apologize for the inconvenience.
Currency exchange alt graphic

Free multi-currency card

Pay by card and save up to 10% on better rates

Check our cards
Currency Buy Sell Name Currency code
NOK PLN 0.4339 0.4392 Norwegian krone 1 NOK

Norwegian krone exchange rate - chart

NOK /
Convert currency at a desired exchange rate

Convert currency at a desired exchange rate

Use the currency alerts, stay up to date with the quotes and exchange the currency at the rate you want.

Exchange the currency

Last currency comments

Currency Comments - text 2 Aug 2021 9:33

Downward correction in USD loses its momentum (Daily analysis 02.08.2021)

Currency Comments - text 29 Jul 2021 9:15

Dollar goes below in red after FOMC meeting (Daily analysis 29.07.2021)

Currency Comments - text 26 Jul 2021 10:50

The US dollar stays firm as China stocks tumble (Daily analysis 26.07.2021)

Currency Comments - text 23 Jul 2021 13:41

ECB causes no harm, and data fail to help (Daily analysis 23.07.2021)

Currency Comments - text 20 Jul 2021 10:48

Currency rates once again influenced by pandemic fears (Daily analysis 20.07.2021)

Currency Comments - text 15 Jul 2021 8:13

Dollar loses its momentum again (Daily analysis 15.07.2021)

Over 850 000 reviews

Customers rate us 4.9/5.0.*

Security

Our transactions are executed online, eliminating the risk of handling cash.

See our standards
High-speed currency transactions

Save time with fast execution of foreign exchange transactions.

Check the execution time
Multiple payment method

Pay for your transactions with convenient payment methods.

See available methods

Attractive online offer of 28 currencies

Convert 28 of the most popular currencies online. Free of charge.

Start saving today

Forget about unfavourable rates and hidden fees. See how much you can save. Create a free account and start converting currency online.

Sign up free
ce_section_cta_alt

The Norwegian krone

The Norwegian krone (NOK) is the official monetary unit of Norway and its territories. It is subdivided into 100 øre, although the hundredths of a Norwegian krone have already been withdrawn from circulation and are used only in non-cash settlements. The Norwegian krone exchange rate is important for Europeans, who emigrate to Norway for work purposes.

The Norwegian krone - where can we use it?

The Norwegian krone is the official currency of Norway. However, it is worth knowing that NOK is also used by residents of territories under this country's jurisdiction. The currency is valid on Bouvet Island, Jan Mayen Island, Peter I Island, Queen Maud Land and Svalbard. Therefore, checking the NOK exchange rate before travelling to these areas is always a good idea.

The history of the Norwegian krone

The Norwegian krone has been used as currency in Norway since 1875. Then the country joined the Scandinavian Monetary Union, which was formed two years earlier. Apart from Norway, the Union also included Sweden and Denmark. All of these countries adopted a common currency name, the "krone" or "krona" (English "crown"). The Union officially broke up after the outbreak of the First World War. However, the member countries decided to keep the currency's name, adding a segment indicating nationality. In the case of Norway, it is, therefore, the Norwegian krone. During World War II, the Norwegian krone exchange rate was pegged to the Reichsmark. On the other hand, in the early 1990s, the NOK exchange rate correlated with the European Currency Unit (ECU), which was the euro's direct forerunner. However, Norway opted out of joining the eurozone and kept the NOK as its own currency.

The Norwegian krone - key information

NOK is divided into 100 øre, although hundredths of this currency are no longer in cash circulation. Coins with the following denominations 1, 5, 10 and 20 kroner are in circulation. They contain elements characteristic for Scandinavia - Nordic ornaments, wooden churches or Viking boats. Some NOK coins have a characteristic hole in the middle. This refers to traditions connected with the first Scandinavian money, which was strung by people and carried on straps and worn this way. The banknotes in denominations of 50, 100, 200, 500 and 1,000 Norwegian kroner depict elements from Norway's history and culture (a lighthouse, a Viking boat, etc.). Up until recently, older banknotes depicting important figures in the country's history were also in circulation. Those were withdrawn on November 15, 2020.

Check the Norwegian krone conversion rate before travelling

The NOK exchange rate, e.g. the NOK/EUR conversion rate, is particularly important for European countries' residents, mainly due to significant differences in product prices in stores which may affect tourists' funds. Knowing the current exchange rate of the Norwegian krone can be of great help. The popularity of the NOK/EUR pair is growing not only due to tourists who want to see the Norwegian fjords. Norway is one of many earning opportunities for Europeans. For this reason, converting NOK to EUR is not a problem nowadays.

Start chat